7th July 2014
Stay Up To Date with Love Coventry Fundraising
Funding secures the future of social firms
Two Coventry social enterprises have secured their futures to help those living in the city, thanks to funding from Whitefriars Housing.
Love Coventry, a re-use centre for household goods and furniture, and Bedouin Nights, a Turkish catering initiative, are the two social enterprises that have been awarded funding Whitefriars’ Social Loan scheme for budding business brains.
The two organisations faced a Dragons’ Den style panel to pitch for funding. They have received £30,000 in total helping them get the businesses off the ground to help benefit the local communities.
The Social Loan scheme is available for people looking tostart social enterprises – businesses that trade for social or environmental purposes and reinvests profits to further their social mission.
Love Coventry, run by Bill Watt, has set up a new warehouse and website shop offering pre-used goods, as well as low-cost furniture and appliances to help tenants furnish and equip their homes at an affordable price.
Bill said: “We are delighted that the initiative is going to help so many people in Coventry on a low or no income and those starting out in rented accommodation.” Goods will be donated to Love Coventry and displayed in the re-use warehouse in Sparkbrook Street, in Hillfields, soon to move to 23 Parkside CV1 2NE as well as on the website www.lovecov.com contact Bill on T: 07766 555 556 E: firstname.lastname@example.org